Unexpectedly rapid growth in the Chinese economy in the second quarter was a rare positive story in a pessimistic year for the luxury industry. However, China's strong GDP data does not cancel out the structural risks holding back consumption in a country that accounts for a quarter of global luxury sales.

China's economy outperformed forecasts in Q2. Why is this good for the luxury market?

Amazon.com, Inc.

Investors are showing mixed reactions amid the Trump administration's escalating trade measures, with Asian markets faltering and China expecting its best close in three years despite the threat of 50 percent duties on copper and levies on pharmaceutical products by the U.S. Amazon founder Jeff Bezos continues to sell off stocks. The Indian market is buzzing with ICICI Prudential filing for a $1.2 billion IPO, the country's second largest offering this year. On these and other topics - in our review of key events for the morning of July 9.

Pop Mart International Group Limited

In mid-June, China's state-run media outlet "Renmin Zhibao" <a href="https://www.bloomberg.com/news/articles/2025-06-20/china-warning-on-blind-box-toys-sends-pop-mart-shares-tumbling?embedded-checkout=true">called</a> for stricter regulation of blind box sales - so-called "surprise boxes" with toys, when the buyer does not know what is inside, Bloomberg wrote. Current rules prohibit the sale of such boxes c toys to children under 8 years old and require parental consent to purchase for children from 8 to 18 years old.

Labooboo v. Chinese authorities: will tougher regulation stop Pop Mart?

Apple Inc.

Meta Platforms, Inc.

Microsoft Corporation

Strong iPhone sales in the second quarter due to promotions and increased trade-in payments could lead to weaker demand in the third quarter

Apple has iPhone sales up in China for the first time in two years. Is the crisis over?

Novo Nordisk A/S

Eli Lilly and Company

Innovent Biologics is the first company in China to mount a real challenge to pharmaceutical giants Novo Nordisk and Eli Lilly in the obesity market. The approval of its weight loss drug opens a new chapter in the rapidly growing Chinese market, where local manufacturers are seeking to squeeze out foreign leaders with their expensive GLP-1 injections. What will the increased competition lead to and should the makers of Ozempic and Mounjaro be wary of the Chinese threat?

China approves Ozempic's first domestic competitor. What do investors need to know?

Constellation Brands, Inc.

Marks and Spencer Group plc

In the last full trading week of June, the S&amp;P 500 index reached an all-time high for the first time since February - optimism around a possible Fed rate cut and reduced concerns about duties contributed to the growth of quotations. Wall Street's focus in the first week of July will be the U.S. employment report for June. In addition, there will be fresh data on the number of open jobs, wage dynamics, as well as business activity in industry and services in the world's largest economy, <a href="https://finance.yahoo.com/news/a-crucial-jobs-report-meets-a-stock-market-at-all-time-highs-what-to-know-this-week-113259792.html#:~:text=The%20June%20jobs%20report%20will%20headline%20the%20first%20week%20of%20July.">write</a> Yahoo Finance.

US labor market and Constellation report: what investors need to know this week

H & M Hennes & Mauritz AB (publ)

PDD Holdings Inc.

Industria de Diseno Textil, S.A.

In June, the French Senate voted in favor of <a href="https://www.thefashionlaw.com/france-focuses-on-shein-temu-in-revised-anti-fast-fashion-legislation/">a bill</a> to restrict advertising and impose environmental fees on ultra-fast fashion companies. The main targets are Chinese giants Temu and Shein. What does this mean for the ultra-fast fashion market, investors, and what does it have to do with zoomers?

Exceeding the speed limit: How France is trying to stop the Shein and Temu offensive

NIKE, Inc.

SoftBank CEO Masayoshi Son said he intends to make the company the leading platform for "artificial superintelligence". The U.S. and China signed a trade agreement that includes supplies of rare earth metals. The US Treasury Department also scrapped the "retaliatory tax" (Section 899 of Donald Trump's budget bill), which excludes US companies from international digital taxes in exchange for concessions from G7 countries. On these and other topics - in our review of key events for the morning of June 27.

Highlights for the morning: US-China trade deal, SoftBank bets on superintelligence


HanesBrands Inc.

Lear Corporation

KLA Corporation

After a long time in the shadow of large corporations, mid-cap companies have once again become of interest to large investors

The shock of Trump's duties has passed, Fidelity believes. Which stocks is he betting on?

Bloks Group Limited

Morgan Stanley has removed the stock from its list of prioritized investment ideas in China and Hong Kong

Shares in manufacturer Labubu collapse after call for control of 'surprise boxes'

Lennar Corporation

Accenture plc

The Kroger Co.

Moderate growth on Wall Street paused after an Israeli airstrike on Iran triggered a rise in oil prices and a decline in stock prices at the end of the first full trading week of June. At the end of the week, the S&amp;P 500 Index was down 0.6%, the Nasdaq Composite was down 1%, and the Dow Jones Industrial Average lost 1.3%.

The situation in the Middle East and the Fed's forecast: what investors need to know this week


Starbucks Corporation

Previously, the company preferred to maintain the image of a premium brand against cheaper competitors